- Shuffle
Toggle OnToggle Off
- Alphabetize
Toggle OnToggle Off
- Front First
Toggle OnToggle Off
- Both Sides
Toggle OnToggle Off
Front
How to study your flashcards.
Right/Left arrow keys: Navigate between flashcards.right arrow keyleft arrow key
Up/Down arrow keys: Flip the card between the front and back.down keyup key
H key: Show hint (3rd side).h key
PLAY BUTTON
PLAY BUTTON
10 Cards in this Set
- Front
- Back
|
debt
|
loans
|
|
equity
|
shares of stock
|
|
economic profit
|
total revenue less total costs, including all opportunity costs
|
|
accounting profit
|
total revenue less total costs except for the opportunity cost of capital
|
|
negative economic profit
|
total revenue is less total costs include all opportunity costs
|
|
zero economic profit
|
total revenue is equal to total cost when total costs include all opportunithy costs
|
|
normal accounting profit
|
zero economic profit
|
|
positive economic profit
|
total revenue is greater than total costs when total costs include all opportunity costs
|
|
ceteris paribus
|
Latin for 'everything else held constant'
|
|
price maker, price setter, or price searcher
|
a firm that sets the price of the product it sells
|
